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Company Directory - CleanSpark Inc

Company Details - CleanSpark Inc

CleanSpark Inc Logo

CleanSpark Inc

Website

NASDAQ: CLSK 

CleanSpark Inc is a bitcoin mining company that operates through its wholly owned subsidiaries. The company focuses on leveraging innovative technologies to drive efficient and sustainable bitcoin mining operations.

CCI Score

CCI Score: CleanSpark Inc

8.95

-0.01%

Latest Event

CleanSpark Inc Lobbying Activity Raises Concerns

CleanSpark Inc spent $30,000 on lobbying in 2024, indicating a deliberate engagement in political influence that raises questions about its commitment to democratic governance.

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OBJECTOR

CleanSpark Inc is currently rated as an Objector.

0 to +9 CCI Score
These companies deliberately avoid direct involvement with authoritarian practices. While they do not actively challenge oppressive regimes, they maintain a neutral stance to ensure they are not complicit in supporting such systems.

Latest Events

  • CleanSpark Inc Lobbying Activity Raises Concerns Logo
    JAN
    01
    2024

    CleanSpark Inc spent $30,000 on lobbying in 2024, indicating a deliberate engagement in political influence that raises questions about its commitment to democratic governance.

  • -30

    Political Contributions and Lobbying Efforts

    March 27

    CleanSpark Inc's reported $30,000 expenditure on political lobbying in 2024, as documented by OpenSecrets, highlights its active participation in influencing policy making. From a left-leaning perspective, this use of corporate funds to shape political outcomes can be seen as part of broader efforts that support the entrenchment of power dynamics favoring authoritarian practices.

    Cleanspark Inc Lobbyists • OpenSecrets

  • CleanSpark Inc Lobbying Activity 2024 Logo
    JAN
    01
    2024

    CleanSpark Inc spent $30,000 on lobbying in 2024, raising concerns about its potential influence on policymaking that could favor authoritarian practices and undermine democratic accountability.

  • -40

    Political Contributions and Lobbying Efforts

    March 27

    CleanSpark Inc’s allocation of $30,000 towards lobbying in 2024 is indicative of its proactive political engagement. From an anti-fascist perspective, such spending can be seen as an attempt to influence regulatory and political processes in ways that might ultimately buttress authoritarian interests. This behavior detracts from corporate transparency and democratic accountability.

    Cleanspark Inc Agencies Lobbied • OpenSecrets

  • CleanSpark Inc Lobbying Activity in 2024 Logo
    JAN
    01
    2024

    CleanSpark Inc spent $30,000 on lobbying in 2024, raising concerns about corporate efforts to influence political policies in ways that may support authoritarian practices. Such lobbying raises questions about transparency and the potential to undermine democratic governance.

  • -50

    Political Contributions and Lobbying Efforts

    March 27

    CleanSpark Inc's expenditure on lobbying, as reported by OpenSecrets, demonstrates corporate engagement in influencing policy decisions. From a left-leaning perspective, this action is concerning because it represents the use of financial resources to shape government policy, potentially aligning with authoritarian practices. The donation of $30,000, while not enormous, signals an intent to leverage political influence and bypass democratic accountability.

    Cleanspark Inc Issues Lobbied • OpenSecrets

  • CleanSpark Inc Lobbying Expenditure Report Logo
    JAN
    01
    2024

    According to OpenSecrets data, CleanSpark Inc spent $30,000 on lobbying in 2024, raising concerns about the company's political influence and its potential alignment with authoritarian policy interests.

  • -30

    Political Contributions and Lobbying Efforts

    April 1

    CleanSpark Inc's reported spending of $30,000 on lobbying in 2024 suggests an active engagement in political influence. Such political contributions, even if modest, can support policy outcomes that favor corporate interests and may indirectly bolster authoritarian practices. This activity is concerning from an anti-fascist perspective as it reflects a willingness to invest in political processes that could undermine democratic accountability.

    Cleanspark Inc Lobbying Profile • OpenSecrets

  • CleanSpark Releases ESG and Corporate Responsibility Report Logo
    MAR
    23
    2023

    CleanSpark Inc. published its inaugural ESG and Corporate Responsibility Report for the 2022 fiscal year, highlighting its sustainable bitcoin mining practices, strong governance, transparency in reporting, and commitment to employee welfare and diversity.

  • +80

    Public and Political Behavior

    March 27

    CleanSpark demonstrates strong transparency by regularly publishing monthly bitcoin production updates and maintaining an ESG governance structure. This proactive public communication enhances accountability, building public trust and reducing potential for opaque political engagement.

    CleanSpark Releases ESG and Corporate Responsibility Report

  • +85

    Business Practices and Ethical Responsibility

    March 27

    The ESG report emphasizes CleanSpark's commitment to ethical business practices, including clean energy usage, fair labor practices, competitive wages, and proactive diversity and inclusion initiatives. These efforts position the company as a leader in ethical responsibility in the bitcoin mining sector.

    CleanSpark Releases ESG and Corporate Responsibility Report

  • +80

    Technology and Services Impact

    March 27

    CleanSpark’s innovative use of technology, including large-scale immersion cooling to reduce e-waste and boost mining efficiency by up to 85%, demonstrates its commitment to reducing environmental impact. This technological advancement supports sustainable operational practices.

    CleanSpark Releases ESG and Corporate Responsibility Report

  • +70

    Economic and Structural Influence

    March 27

    While CleanSpark exhibits strong governance and transparency, its economic and structural influence remains modest given its operational scale compared to larger industry players. Nonetheless, the company’s responsible ESG practices contribute positively to its overall influence.

    CleanSpark Releases ESG and Corporate Responsibility Report

  • CleanSpark Releases ESG and Corporate Responsibility Report Logo
    MAR
    23
    2023

    CleanSpark released its inaugural ESG and Corporate Responsibility Report for the 2022 fiscal year, highlighting its sustainability practices, transparency, and commitment to ethical corporate conduct.

  • +80

    Business Practices and Ethical Responsibility

    March 27

    CleanSpark’s release of an ESG and Corporate Responsibility Report reflects a proactive approach to ethical corporate practices. The detailed report emphasizes sustainable energy use (over 90% clean energy), efficient mining practices, and transparent disclosure of environmental and social metrics. This positive move demonstrates responsibility towards stakeholders and aligns with best practices to counteract exploitative corporate behaviors that often underwrite authoritarian policies.

    CleanSpark Releases ESG and Corporate Responsibility Report

  • CleanSpark Releases ESG and Corporate Responsibility Report Logo
    MAR
    23
    2023

    CleanSpark released its inaugural ESG report for the 2022 fiscal year, highlighting its commitment to sustainability and corporate responsibility through the use of clean energy and innovative immersion cooling technologies that reduce e-waste and improve mining efficiency. This move underscores their adherence to ethical business practices and a transparent approach to addressing environmental and stakeholder concerns.

  • +80

    Business Practices and Ethical Responsibility

    March 27

    The ESG and Corporate Responsibility Report reflects a strong commitment to ethical business practices. By prioritizing clean energy (over 90% of its energy mix) and efficient, environmentally-friendly technologies, CleanSpark is aligning itself with practices that promote sustainability and transparency. This proactive measure helps ensure that its operations are mindful of broader societal responsibilities and are not complicit in practices that could indirectly support authoritarian tendencies.

    CleanSpark Releases ESG and Corporate Responsibility Report

Industries

221118
Other Electric Power Generation
541715
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
333999
All Other Miscellaneous General Purpose Machinery Manufacturing